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. faa furloughs, they just kicked in. some delays now appearing late yesterday in and is around new york. this st for the first time with travelers waiting more than an hour. delays were seen at other airports in the u.s. the faa furloughs affect 47,000 employees, including nearly 13,000 air traffic controllers. experts say the first real test is today when traffic increases and you remember, you saw all these stories, even last week saying the sequester doesn't matter. >> because a lot of the stuff hasn't kicked in. now, if things don't matter this week, then you can say they really don't matter. >> so this is the test one way or the other. we're going to talk to mike boyd about all this and more. >> in economic news, a business economist says washington's budget tightening is having a minimal effect on business. 93% of those surveyed say political developments had no effect if the first quarter and 95% say they had no impact on capital spending plans. among the biggest concerns, global economic conditions and the potential for further government spending cuts and the regulatory environ
and for the american people. >> yesterday's faa's furlough produced the predicted flight delays, and senator mcconnell said as a result of the administration's poor planning and political motives were stuck op the tarmac. what's the reaction to that? >> i find it interesting the republican is decrying the sequester in the past that he support. it's a result. we made it clear that there looks like there would be negative effects if congress failed to take reasonable action to avert the sequester, policy that everyone who was involved in writing it knew at the time and was never designed to be implemented, but designed to be bad policy and to be avoided. the fact is that congress had an opportunity, but republicans made a choice, and this is a result of a choice they made to embrace the sequester as -- and i'm quoting republicans, a victory for the tea party and a home run. i don't know that they agree with it because they changed positions on sequester a variety of times in the last several months. it should have never been policy. president put forward a comprehensive balanced approach to defic
already seeing big delays as the first air traffic furloughs kick in today. a closer look at what the faa cuts could mean for you and your plans. >>> plus, the midwest getting hit with yet another spring snowstorm. major flooding and up to 6:00 inches of snow in some places. we'll show you where it is now and where it is headed. jenna: what drove the suspected bombers remains unclear in the boston terror attacks. investigators are reportedly already trying to question the surviving suspect although there seems to be some varying reports on that. some experts are now turning to their past for clues. their family traces their origins to a small area in southern russia known as chechnya. it is predominantly muslim country, or area. it has been in turmoil for years. with islamist terror groups launching a series of attacks against russian targets in a fight for independence in muslim states. 2002, a chechen group stormed a theater in moscow. there were 700 people in the side at the time. more than 100 people died during a rescue attempt by russian security forces. 2004, in the largest hostage
'll get the analyst behind that call ahead. >> also the sequester effect on travel. >> faa employee furloughs and our major airport delays and all in the future and former department of transportation inspector mary shafo live. another monday morning, david, in which you've propelled a major dow component, microsoft up over 4% on the news that an activist shareholder is buying a $2 billion stake. so i think by my calculations you've created on that report about $2.5 billion of value so far this monday morning. >> simon, it's the value being created by the news itself, not the fact that i've reported it and we've been able to tell people that value act, large activist fund that often does take large positions in companies and actually doesn't get active if things go their way have taken a $2 billion position. on a relative bases it's 1% or less than 1% overall is what it would amount to of the outstanding shares of microsoft. that being said, valueact does have a history of holding stakes for quite some period of time, monitoring those companies and their managements and then getting
that faa staff have had to be furloughed, then you may well be looking for someone to blame. and luckily enough, republicans are at the ready and know exactly who's responsible. >> as a result of the administration's poor planning, i would argue political motives, thousands of people were stuck on tarmacs over the last few days. the faa's mismanagement of this issue is a source of bipartisan frustration. our goal here shouldn't be to score political points on the backs of weary travelers. it should be to fix the problem. >> let's see. our goal here shouldn't to be to score political points. since when did mitch mcconnell outgrow his need to scoring political points? and isn't this what republicans have been doing for the last five years? but today, this very broadcast, has become the victim of the ludicrous sequester. because we've been in discussions with representative january schakowsky of illinois, who this week is promoting a bill that would put 50,000 public servants, such as police officers and firefighters, back to work. it is the exact opposite of the sequester and seemed like a
now 4:51. ready for take-off? the faa nears a decision on the dreamliner. >> why airport delays could get worse starting this weekend. we'll tell you why. >> and a holy batman! the amazing video of a man soaring through danger at more than 150 miles an hour. Ñáçwçñ,,,,,,, >>> when the giants come to town, it's bye-bye baby. the grace broadcaster russ hodges will be okdown on a time temperature 7:15 p.m. clear, cool, 59. play ball! >> the game could cause some delays along the embarcadero and king street later tonight. just a heads up. but in the meantime, here's a live look at some of your bridges. golden gate, bay bridge and san mateo bridge all so far atthe morning. we'll have more traffic and weather together coming up every 10 minutes. >>> 4:55. the faa could move as soon as today to end its three-month grounding of the boeing 787 the dreamliner jets. flights involving the new passenger planes were halted you may recall back in january after two incidents involving lithium ion batteries that smoldered and emitted fumes. boeing has made changes to the battery and its casing
for more flight delays triggered by the sequester. some of the busiest airports fell behind schedule. faa furloughs went into effect leaving fewer air traffic controllers on the job and we have more from abc's matt gutman. >> reporter: the delays piled up in charlotte. waits up to 75 minutes at baltimore washington and at all three new york airports. >> when you have cuts like this, it's not good. it's one of the very few jobs, i think, that should not have one. >> reporter: the faa didn't mince words, blaming most of the backlog on federal budget cuts. the agency said, the crunch forced it to furlough its air traffic controllers one day every other week. it saves the agency nearly $640 million, but the faa says it could cost travelers 90-minute delays on 6,700 flights every day. and the early numbers show delays at baltimore washington anew york's laguardia, spiking fourfold over last monday. part of that could be weather related. but at other airports like philadelphia, not much change. to see for ourselves, we boarded a flight in miami for orlando. here's the confusing thing. the fligh
: the faa releasing a statement saying it will quote, be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delays and impacts of lower staffing as we move into the busy summer season. do you find that reassuring? i'm not sure i do. good morning stuart. stuart varney from the fox business network. stuart couldn't we move money over from consultants and grants to help folks out in the control tower? >> let me spell out what we're talking about. $500 million this year for consultants. $474 million in wrapts grants to make communities more liveable and sustainable. obvious, question, martha, take some money out of the consultants bucket and put it into air traffic controlsers bucket to avoid delays. president says can't do that. i don't have the flexibility to target nonessentials. can't do it. so the republicans introduced a bill that would specifically give the president that flexibility, to avoid this pain. he threatened to veto it. that's where we stand this morning. more cuts are coming. more delays are coming. the president does not wan
and all faa workers are losing one workday every other week. >>> all right, spring flooding turned much of the midwest into a muddy mess. record rainfall to blame for high water. for example, nearly 10 inches has fall in this month in grand rapids, michigan. swollen rivers can't take much more. forecasters say more rain is expected tomorrow. >> here's a look at your weather -- expect thunderstorms around southern kansas, oklahoma. by the evening commute, you could see snow around minneapolis and parts of the upper midwest. >> unseasonably cool along the east coast, new england to georgia with temperatures staying in the 50s. but check out the west. dry and warm. hitting the 90s in some spots. >>> to a shining example of someone who really l job. >> a powerful earthquake rocked china over the weekend brought everything to a stand still including a wedding in progress. the bride you just saw there happens to be an anchorwoman. she got right to work. still wearing her wedding gown and her veil. check her out. >> that is hilarious. she abandoned her big day and started reporting on the quak
travel day it's monday. 47,000 faa employees will get furloughed as a result of budget cuts. they will lose one day of work every other week. the pilot's union due to the faa will staffect so many people. >> out of those 15,000 were air traffic controllers. perhaps it's a better idea to perhaps maybe drive somewhere because gas prices are going down. >> this is the time of year when they are supposed to go up. let's enjoy it while it lasts. gas prices could fall almost $0.20 by memorial day. it would go down to $3.30 a gallon. inventories are high we have a lot of supply. and the economy is slowing down. consumption is the lowest since 1997. this morning gas prices averaging 3.52 a gallon. last year at this time 3.86. that's a nice little savings. >> some say could go below $3 a gallon? >> rocky mountain region could see 32 -- $2.98. >> road trip. >> finally. it is 11 minutes after the top of the hour. a runner survives the marathon bombing only to return home to texas to witness the fertilizer plant explosion and he's sharing his story. we will have that coming up. >>> they
, as the faa furlough air traffic controllers. leading to reports of flight delays across the country but they suggest it's nothing more than a political strategy to get travelers to campaign to reduce the budget in other areas that would not delays passengers. some of the spending and $500 million they are spending, quote consultants or the $325 million for supplies and travel. there is the department of transportation $474 million grant program that promises to make communities more livable and sustainable. you may recall tsa, different agency but speaks to the spending that our government level, recently okayed a $50 million contract for new uniforms. that is a lot of dough. are we spending it well. so tsa is under dhs which is not the same, the point is just that they spend and they spend and they spend. they found $50 million to spend over the tsa and uniforms when it comes to air traffic controllers, now they to furlough and cut back? >> the numbers are all there. you laid out important numbers there. $474 million to make communities more livable through the faa, honestly, money
as the national transportation safety board takes a closer look at one fire in particular just days after the faa approved boeing's plan to get its fleet back in the air. dan springer is live in seattle. dan? >> reporter: yeah, jon. the faa approved the battery fix even as the company answers tough questions about the fire back in january that led to the dreamliner fleet getting grounded. the plane's lithium ion battery sured a short which led to the failure of all eight cells. boeing's new plan includes a redesigned battery that has more insulation between the cells to prevent what's called thermal runaway. the battery charger has been redesigned to reduce the total amount of energy in the battery so it doesn't work as hard, and it's going to be in a better steel containment box that won't allow oxygen to fuel a fire. the ntsb put boeing on the defensive this morning about its assumptions that turned out to be wrong. >> what we can't do is we can't account for every single possible method of short circuit, particularly what we would consider the unknown unknowns. >> reporter: boeing says it has
is the marathon in london, by the way. we should point out that the faa has instituted a no-fly zone over watertown, massachusetts. amtrak has been suspended from new york to boston. to law enforcements across the country right now are focusing on this and stopping everything, putting it in lockdown mode. ambassador, thank you very much, phil mod, thank you very much. >> we have got the latest on the boston manhunt continuing throughout thebroadcast. >> we will speak with former u.s. marshal, who spent years chasing down fugitives. stay with us as our special live coverage continues. it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the
that could be starting today, folks. the faa beginning furloughs, forced days off for their employees, including 15,000 air traffic controllers. airports across the country are bracing for an hour-long debase in many cases. critics say this move they believe is political. let's find out what peter goelz thinks about, former director of the nts. about, the national transportation safety board. peter, thanks for being here. good to see you. >> good to see you. martha: we're told today could have some pretty big snarls at the nation's airport. what do you think? >> i think we'll see some slow-ups. the federal aviation administration is taking 60% of the cuts at dot. that is $647 million in cuts. people are going to be laid off and things are going to go slowly. martha: why do you think that is, that they're bearing such a brunt of these budget cuts? >> at d.o.t. they have five modes, pipelines, trails, trucks, aviation. aviation is where the big programs are, the big money are and where the most employees are. not only air traffic controllers but air inspectors and the whole certificatio
an advisory group. another thing that airline passengers might notice, longer flight delays. faa furloughing 10% of workforce because of federal spending cuts and causing delays of up to two hours at airports in los angeles, new york, and washington, d.c. our casey wian live with more on what's going on. what's going on, casey? >> reporter: wolf, another rough evening for travelers here at los angeles international airport. up to 80% of departures delayed, and 20% of arrivals, according to flightview.com. due to faa staffing issues, workforce reductions, that started sunday night. erin was on a flight sunday night from las vegas to l.a. little did she know, forced spending cuts began the same day, reducing the number of air traffic controllers on duty. the result? major flight delays. >> on an 8:25, and when i rebooked, our departure time, 1:45 a.m. a couple airline employees said it was due to fog, and a couple says it was due to sequestration. >> reporter: actually it was both according to air traffic union rep, who was working sunday night. there are four parallel runways that can operate
through september. there has been a lawsuit filed against the faa, but the case has not been taken up in court. the furloughs could result in delays or canceled flights for one out of three airline passengers. the busiest time of year for travel could be a little bumpier than usual. joining us from washington is former "new york times" correspondent elizabeth becker. elizabeth just penned a new book called "overbooked: the exploding business of travel and tourism." welcome inside "the war room." >> it's nice to be here thank you. >> michael: what impact will the sequesters have on travel to america? >> well, i'm not convinced that the furloughs will come about. i would say that president obama has shown a partiality to listening to the tourism industry. so i'm not sure it is really going to happen. i think there could be a change of mind. but overall america is just recovering from what the industry is calling a lost decade, where a series of idealogical arguments, and the 9/11 border changes really flattened out tourism for the united states when it was booming
time this afternoon. we know that the faa has established a no-fly zone over watertown, massachusetts. amtrak has been suspended indefinitely from new york to boston. let's get to scott cohn. he's been in boston since the attacks. what's happening where you are, scott? >> i'm also in watertown, maria, and for much of the day, really for all of the day, we were on mt. auburn avenue, which is where the chase went down overnight. we've moved more for transmission issues than anything else, it's not that the situation has changed appreciably, but i've had a little different vantage point of the same things that bill was talking about. and it took us a while to figure out what was going on. but it seems pretty clear, they were just, as they said, they were going house to house. and it looked like they were sort of going sector to sector to sector. there would be an aerial reconnaissance above, sometimes there were military helicopters accompanying them as well. and then you would see lines of yu uniformed police officers and also s.w.a.t. officers going door to door, with guns, not necessa
have to prepare for long lines. government budget cuts that kicked in last month are forcing the faa and other agencies to cut some spending. f furloughs kicked in yesterday. the agency will furlough some 15,000 air traffic controllers. because of the cuts airports say passengers should expect increased delays. the length of the delays will vary depending on the schedule and situation at each specific airport. employees at the epa, office of management and budget, also face furloughs starting this week. >>> residents and investigators continue their search today through the destruction in west, texas, to try to figure out what caused the fertilizer plant there to explode. investigators say they found the origin of the explosion, but they still don't know what caused the initial fire that led to the blast last wednesday. fertilizer company is working closely with authorities to aid the investigation. the death toll from the blast remains at 14. a public memorial for first responders will take place in the town later this week. by the way, all the presidents, ex and otherwise will be i
visitor programs certification from immigrations and forced them without being certified by the faa. according to g.a.o., 167 out of 434th flight training schools, 38% today do not have the required faa certification. i am told ice is often unaware when they revoke certification for flight training providers. i understand that ice is working with f.a.a. to thards issue. what updates and insurance consist you provide about ice's efforts to improve its communication with the f.a. toombings address this issue? >> i think we are very far along. by the way, senator, we're also moving from a new system governing institutions that educates student visa holders. this will help solve the problem. i will get to that. the silent screen process. under the present system, applicants for asylum must undergo a credible fear interview to determine whether they have a credible fear of persecution in his or her county of origin. but the officer determines that they have a credible fear, the application is a long for further consideration. this bill streamlines the process partly by allowing a screeni
air traffic controllers had delays up to three hours. the faa says with fewer eyeballs, there will be better managed traffic. that's coming up next. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly with the right parts and the right people. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. did you tell him to say all of that? no, he's right though... ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a t
suspects as brothers. 8:29, a.m., the faa closes airspace over watertown, massachusetts. logan airport remains open and open for now. bret, what is the expected develop mane we should likely see through washington throughout the day? it seems to me at the moment that police are pulling back. they're trying to figure out what happens next here in boston. as i say that, it's important to point out, we don't have cameras everywhere. and certainly we don't know what's happening outside of the view of the camera. >> that is exactly right. obviously much of boston, watertown, the surrounding areas still locked down. it is an armed and dangerous man. they're concerned about public safety. here in washington, people are being according to u.s. official and, headed to white house now to brief directly on latest developments to the boston bombings? we heard homeland security advisor had been keeping him up-to-date with all the details overnight. as i mentioned lawmakers are getting as much as they can too. the key thing, first of all, obviously as you talk about the public safety on the ground a
. an announcement from the faa says that the redesign batteries are saved and is expected today. the fix includes more heat insulation and a battery box designed to vent any hot gases from the batter is outside of the planes. the aircraft could be back in service as early as next month. >> we will be right back. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. ♪ i -- i got it ♪ i got it made, i got it made ♪ i got it made ♪ i got breakfast made fresh at subway® ♪ ♪ breakfast made the way i say [ male announcer ] at subway®, you got breakfast made. like a sunrise subway melt™ with chipotle southwest sauce. ♪ at subway® ♪ >> welcome back. things will get warmer as we head into the weekend. the beginning of next week the temperatures may be in the upper 80s. >> our big story this morning is the boston area being locked down. they're s
them. also delayed travelers finding themselves waiting in airports as faa furloughs just kicked in. >>> and the investigation in boston, the wounded marathon bombing suspect, he's now responding to questions. it's monday, april 22nd, 2013 and "squawk box" -- it's early, it's monday morning, it begins right now.
as well. we talked about the amtrak service. the faa, the federal aviation administration issued a temporary file restriction over a section of the boston area to provide a safer environment for law enforcement activities. logan airport remains open under heightened security. most flights departing and arriving on schedule. greyhound bus service has been suspended. dagen: thank you so much. it is not just boston. this will be felt in the northeast. thank you so much. connell: a briefing any moment from local authorities. you will see it live. you will keep you up-to-date as we have been on what is happening in the markets throughout the day. mike baker joins us on the telephone right now. former cia covert operations officer and president these days of his own intelligence firm that he is a part of. one suspected terrorists has been killed. another is still at large just outside of the big american city. what stands out to you? >> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. righ
cancel, schools closed and that's not lockdown for boston, but it's-- >> it's watertown and f.a.a. has flight restrictions 3 1/2 miles around watertown, the amtrak is not having service from boston to providence. you have the cabs have been stopped and not allowed to pick up any people in the boston area, as well as, you know, it's a fluid changing situation, and the t service, which is the transportation service in and out of the service has also been stopped. while you say not a lockdown, the mayor has said everybody to stay inside. so, you know, it's a lockdown in the boston, watertown, belmont, cambridge, everybody is hunkering down and waiting for this thing to play out. stuart: yes, sir, senator scott brown, we appreciate you being with us. valuable time. appreciate it. >> thank you, sir. keep the faith, everybody. stuart: yes, sir. now, also with me this morning here in new york, monica crowley. i want to establish monica's credentials before we go any further. you've got a ph.d. in security, security, national security, you are an expert on russia and on chechnya, is that corre
what they think. >> the f.a.a. as we see here, ordering a no-fly zone over the city. let's check in again. >> when look at the high school photo, you go how did this person get this far off course, you know, looks nice a nice kid. good friends with a number of people. when you look at his picture you go, how does it happen? >> jim we are on a little bit of a delay but the people being evacuated and we have seen a lot of families. >> is there a place, a bus they are getting on? where is their safe place that they are being evacuated from their home? >> you know, we are seeing a lot of people just walk the cars. there is one gentleman across the street loading his car with blank et cetera, but we have not seen any large scale way of transporting them from the scene. we have certainly not seen that. we have seen people walking down the street to other vehicles. i am trying to take a look down the street. i am not seeing anything that would -- anything out of the ordinary. >> you have to wonder. they are being advised not to the obvious streets. you have t
production rate is expected early next year. separately, there are reports that the faa could approve boeing 787 dreamliner battery fix and in the plane's three-month grounding and that will probably be impacting the stock today. >> blackstone is ending its pursuit of dell ending the nationwide drop in pc sales and the move is founder michael dell and blackstone pulling out one month after it launched its will challenge to attempt to take dell private and dell shares are trading down in pre-market trading. general electric releasing first quarter earnings this morning and the company reported a 16% jump in earnings versus next quarter. last year on increased oil and gas drilling equipment sales and ge shed the last of its stake in nbc universal, and we have some breaking news, i believe. i'll go to beck owe this. we apparently have breaking news and not sure where we're going for this, but it does -- the affiliate in boston. i take it back. art hogan is standing by at lazard in boston and the events of today have shut down a wide swath of activity and this is not boston, this is not business
a question whether they will come in. you have a 3 1/2 mile faa advisesy over the city of watertown. no taxis are allowed to pick up anybody in boston the governor is asking everyone shelter in place obviously. the mbta which is our transit is not traveling anywhere. so right now everything is in lockdown. i'll tell you what, people get it. they understand what is at stake here. they understand that everybody throughout the world is watching and we need to give our law enforcement personnel the tools and the ability their jobs and do it well without worrying about any civilian casualties being part of this whole situation. jon: and they have done that job well. i mean, you know, from the minute the fbi released the photographs, i mean the responses to these various criminal events that took place in and around cambridge, boston, watertown, were met with an overwhelming response. >> yeah. jon: you've got all kinds of police aunl sis there up to and including the national guard. >> as a member of the national ard i'm keenly aware what their role is and their role is certainly to make sure that
brother was wearing an improvised explosive device when he was killed last night. >> according to the faa, there is a no-fly zone over watertown right now. you looking at pete williams reports telling us they have a location for the suspect for people in boston, for people in the neighboring towns that have a shelter in place order in effect, for people where it is locked down. stay where you are. it is a matter of time if this information flushes out well. pete's information is always good. so, we'll hone in on the area of where this suspect is when law enforcement authorities are ready to tell us. >> such a wide swath of boston is locked down. we don't want to report anything on that front. the police, at least, believe they know where he is. as soon as we have that pinned down, we'll let you know. >> okay. okay. 410 norfolk street at the house, we have a suspect in custody. this is a person, someone who is not a suspect at the time, has been taken into custody. so, again, backing up what the mayor's office said, shelter in place because they're looking for people, not one person, not o
, and what we think is the right solution is the faa, the government agency, they need to learn with those bodies. they need to learn to understand exactly what's being done in the different industries to deal with different threats. and that's how we're going to develop our own best practice. >> host: gautham nagesh. >> greg, you mentioned that thebacking industry is largely ahead of the curve when it comes to these sorts of things, likely due to the nature of the business itself, and like you said, the criminals are often looking for money. how would you say the broader employees of your industry, how successful would your education efforts be, would you say, and have there been any keys that could be applied to other critical infrastructure sectors? >> guest: i think the, you know, by and large, employees within the financial institutions, um, are fairly well aware of what's going on, and, you know, given over the last year increasing news about attacks on the financial system, the awareness has only grown. as part of every bank's standard procedures, employees are tested. they're train
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